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No other real estate opportunities quite like this one! On September 13, 2023, the 1827 Wine & Cheese Lounge opened, providing an elevated experience for the most refined of taste in one of the loveliest communities in the region. This extensively renovated mixed use triplex offers so much to a potential purchaser. You could take over operations of the lounge, you could create your own vision for the space or you can simply invest to add to your real estate portfolio. Over $150,000 in renovations have taken place since June of 2022. Improvements were made to the structure, electrical and plumbing systems as well as to the decor of the main floor space. The fully equipped kitchen has everything a chef needs to create gastronomic wonders and the equipment could be part of the package for a potential purchaser. Customers can enjoy the scenic views of the river from the deck. There are two apartments on the second floor to add to your revenue stream or to act as living quarters for an owner operator. The two bedroom apartment is currently rented for $1590 per month plus hydro. The three bedroom apartment is currently rented for $1900 per month (plus hydro). The parking lot can accommodate 10 cars. This building has it all, is turnkey and is in a beautiful location! Come and walk the property and its gardens to see for yourself. Please be discreet if enjoying the restaurant. Come see!" +"BasementYN": true +"BuildingAreaUnits": "Square Feet" +"BusinessName": "```" +"BusinessType": array:1 [ 0 => "Apts - 2 To 5 Units" ] +"CityRegion": "907 - Perth" +"CoListOfficeName": "RE/MAX HALLMARK LAFONTAINE REALTY" +"CoListOfficePhone": "613-663-2720" +"Cooling": "Partial" +"Country": "CA" +"CountyOrParish": "Lanark" +"CreationDate": "2025-05-16T23:09:43.522736+00:00" +"CrossStreet": "Gore St E and Mill St" +"Directions": "Highway 7 to Wilson St W to North St to Gore St E" +"ElectricExpense": 5128.69 +"ExpirationDate": "2025-11-14" +"InsuranceExpense": 8511.48 +"RFTransactionType": "For Sale" +"InternetEntireListingDisplayYN": true +"ListAOR": "Ottawa Real Estate Board" +"ListingContractDate": "2025-05-16" +"LotSizeSource": "MPAC" +"MainOfficeKey": "505300" +"MajorChangeTimestamp": "2025-05-20T20:13:53Z" +"MlsStatus": "New" +"NetOperatingIncome": 54505.42 +"OccupantType": "Owner+Tenant" +"OperatingExpense": "29374.2" +"OriginalEntryTimestamp": "2025-05-16T20:16:39Z" 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Description
Brilliant well-executed interior renovations include updated kitchens (including appliances), baths, heat, some hydro and plumbing, lighting, laundry & storage room, flooring & paint. Exterior planned for spring 2025. OPPORTUNITY KNOCKS! ABOVE AVERAGE RENTS, LOW EXPENSES, FANTASTIC LOCATION! Do not judge this book by its cover!
Details
MLS® Number
X10442767
X10442767
Property Size
8202 Sqft
8202 Sqft
Additional details
- Roof: Asphalt Shingle
- Utilities: Unknown
- Sewer: Sanitary
- Cooling: No
- County: Stormont, Dundas and Glengarry
- Property Type: Commercial Sale
- Pool: None
Address
- Address 33 LAKESHORE Drive
- City South Dundas
- State/county ON
- Zip/Postal Code K0C 1X0
- Country CA